Volume Limitations. This Agreement has been approved for new business issued from February 21, 2014 forward, subject to a volume cap on new business issues of $200,000,000 in any calendar year. If new business issues reach this limit, then all additional new business will move to the Reinsurance Allowance Structure described in Section 14.c below.
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Sources: Reinsurance Agreement (Vericity, Inc.), Reinsurance Agreement (Vericity, Inc.)
Volume Limitations. This Agreement has been approved for new business issued from February 21July 1, 2014 forward, subject to a volume cap on base policy new business issues of $200,000,000 in any calendar year15,000,000,000. If new business issues reach this limit, then all additional new business will move to the Reinsurance Allowance Structure reinsurance allowance structure described in Section 14.c below.
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